Business Services Bond 2b. ($5,000) - 7 to 15 employees — required surety bond in Federal. Apply online in minutes.
A Business Services Bond is a fidelity bond that protects your clients from financial loss resulting from dishonest acts committed by your employees. It guarantees compensation to clients if an employee commits theft or fraud while working on the client's premises or accessing their property. Specific bond limits vary depending on your operational needs and client contracts.
Companies that send staff into clients' homes, offices, or secure facilities generally need this coverage. This commonly includes businesses with a small to mid-sized workforce, such as cleaning services, pet sitters, home health aides, and repair technicians.
Clients and property managers typically require this bond to secure financial protection against potential employee theft or misconduct. Holding this bond provides peace of mind to clients, demonstrating that the business takes responsibility for its employees' actions.
Click Apply Now to complete our secure, five-minute online application. Once processed, your bond will be delivered to you conveniently by email. If you have any questions, you can contact Noah Insurance Agency nationwide at 814-718-0060.
Premiums vary based on the required bond amount, your business size, and underwriting factors. Please apply online for an exact quote.
Required bond amounts vary widely depending on the value of client assets your employees access and specific contract terms. Always verify the required amount with your client or requesting agency.
Approval times vary depending on your application details and the underwriting process. Apply online to get your specific timeframe and exact figures.
No, a Business Services Bond specifically protects your clients from theft by your employees. To protect your own business assets from employee theft, you would need a separate commercial crime or employee dishonesty policy.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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